PILOTE DE DUNES : revenue, balance sheet and financial ratios

Revenue 2024 3,4 M€ +60 % vs 2023
EBITDA 2024 775 k€ +58 % vs 2023
Net income 2024 671 k€ +205 % vs 2023

PILOTE DE DUNES is a French company founded 10 years ago, specialized in the sector Pâtisserie. Based in LA TESTE-DE-BUCH (33260), this company of category PME shows in 2024 a revenue of 3,4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

At a glance (2024) : revenue 3,4 M€, EBITDA 775 k€ (23.1 % of revenue), net income 671 k€. Balance sheet : equity 1,2 M€, financial debt 512 k€, cash 1,0 M€.

Data updated on 2026-10-10

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Synthèse

Santé financière : Saine

Aucun signal de fragilité majeur : rentabilité positive et structure financière équilibrée.

In summary, PILOTE DE DUNES combines a growing business with positive profitability. Its financial structure is broadly in line with its sector.

Financial history - PILOTE DE DUNES (SIREN 817828411) · amounts in thousands of euros (€k)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 3 358 2 096 1 956 2 152 N/C N/C N/C 1 092
Net income 671 220 169 312 304 335 254 268
EBITDA 775 490 442 679 N/C N/C N/C 427
Gross margin 2 682 1 650 1 584 1 787 — — — 893
Operating income 369 272 219 423 — — — 395
Net margin 20,0 % 10,5 % 8,6 % 14,5 % N/C N/C N/C 24,6 %
Equity 1 176 1 030 810 761 749 695 610 356
Financial debt 512 380 657 720 869 505 437 358
Cash 1 020 923 838 1 033 1 156 725 376 620
Tax returns Download accounts (CSV / Excel)

Revenue and income statement

In 2024, PILOTE DE DUNES achieves revenue of 3.4 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +17.4%. Vs 2023, growth of +60% (2.1 M€ -> 3.4 M€). After deducting consumption (675 k€), gross margin stands at 2.7 M€, i.e. a rate of 80%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 775 k€, representing 23.1% of revenue. Compared with its sector, this ratio places the company among the best positioned (sector median: 5.9%). Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 671 k€, i.e. 20.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 357 624 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 682 169 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

775 370 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

368 875 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

670 846 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

23,1 %

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 44%. This ratio is slightly less favorable than the sector median (32.9%). Financial autonomy (= Equity / Total assets x 100) reaches 47%. This ratio is more favorable than the sector median (34.7%). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.7 years of cash flow to repay all financial debt. This ratio is slightly less favorable than the sector median (0.6 years). Cash flow represents 23.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Compared with its sector, this ratio places the company among the best positioned (sector median: 5.9%).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

43,5 %

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

47,5 %

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

23,1 %

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0,7 ans

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

38,6 %

Solvency indicators evolution
PILOTE DE DUNES

Sector positioning

Debt ratio
43,5% 2024
Q1: 0,6%
Med: 32,9%
Q3: 91,0%
Average 81 % → 43,5 % depuis 2022

In 2024, the debt ratio of PILOTE DE DUNES (43,5%) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
47,5% 2024
Q1: 9,6%
Med: 34,7%
Q3: 55,9%
Good 42,8 % → 47,5 % depuis 2022

In 2024, the financial autonomy of PILOTE DE DUNES (47,5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0,7 years 2024
Q1: 0,0 years
Med: 0,6 years
Q3: 2,1 years
Average 3 years → 0,7 years depuis 2022

In 2024, the repayment capacity of PILOTE DE DUNES (0,66) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 1.56. This ratio is slightly less favorable than the sector median (1.8).

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

1,56

Liquidity indicators evolution
PILOTE DE DUNES

Sector positioning

Liquidity ratio
1,56 2024
Q1: 0,89
Med: 1,75
Q3: 3,07
Average 3,2 → 1,6 depuis 2022

In 2024, the liquidity ratio of PILOTE DE DUNES (1,56) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 125 days. Excellent situation: suppliers finance 125 days of the operating cycle (retail model). Inventory turnover is 6 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-8 days): operations structurally generate cash. Between 2021 and 2024, WCR improved by 38 days of revenue, freeing up cash.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

-75 345 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

0 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

125 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

6 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

-8 j

WCR and payment terms evolution
PILOTE DE DUNES

Positioning of PILOTE DE DUNES in its sector

Comparison with sector Pâtisserie

Valuation estimate

Based on 203 transactions of similar company sales in 2024, the value of PILOTE DE DUNES is estimated at 4 351 367 € (range 2 351 433€ - 7 136 672€). With an EBITDA of 775 370€, the sector multiple of 6.7x is applied. The price/revenue ratio is 0.55x (in line with sector norms). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2024
203 transactions
2351k€ 4351k€ 7136k€
4 351 367 € Range: 2 351 433€ - 7 136 672€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
775 370 € × 6.7x
Estimation 5 220 665 €
2 780 011€ - 8 350 698€
Revenue Multiple 30%
3 357 624 € × 0.55x
Estimation 1 862 398 €
1 163 228€ - 2 479 164€
Net Income Multiple 20%
670 846 € × 8.8x
Estimation 5 911 579 €
3 062 298€ - 11 087 874€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 203 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Pâtisserie)

Compare PILOTE DE DUNES with other companies in the same sector:

Voir toutes les statistiques du secteur Pâtisserie

Top companies in Pâtisserie

Largest companies by revenue in the sector Pâtisserie:

Top companies in Gironde

Largest companies by revenue in the department Gironde:

Voir le classement complet du département Gironde

Frequently asked questions about PILOTE DE DUNES

What is the revenue of PILOTE DE DUNES ?

The revenue of PILOTE DE DUNES in 2024 is 3,4 M€.

Is PILOTE DE DUNES profitable?

Yes, PILOTE DE DUNES generated a net profit of 671 k€ in 2024.

Where is the headquarters of PILOTE DE DUNES ?

The headquarters of PILOTE DE DUNES is located in LA TESTE-DE-BUCH (33260), in the department Gironde.

Where to find the tax return of PILOTE DE DUNES ?

The tax return of PILOTE DE DUNES is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does PILOTE DE DUNES operate?

PILOTE DE DUNES operates in the sector Pâtisserie (NAF code 10.71D). See the 'Sector positioning' section above to compare the company with its competitors.